CollPlant Seeks Shareholder Approval for Reverse Split to Restore Nasdaq Compliance
CLGN sits 21% above its 52-week low of $0.271 on light trading volume (0.2× avg).
Summary
CollPlant Biotechnologies has called an extraordinary general meeting for August 18, 2026 to vote on a reverse split aimed at regaining Nasdaq's $1.00 minimum bid price requirement, with the compliance deadline looming on September 21, 2026.
Key Events · Corporate Governance and Compliance · CLGN
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Reverse Split Vote Called
Shareholders will vote on August 18, 2026 on a reverse split at a ratio between 1-for-8 and 1-for-12, with the board having discretion to set the exact ratio and effective date.
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Nasdaq Compliance Deadline
CollPlant received a minimum bid price deficiency notice on March 23, 2026 and has until September 21, 2026 to regain compliance; the stock closed at $0.319 on July 27, 2026.
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Par Value Elimination Proposed
A second proposal seeks to eliminate the NIS 1.50 par value of ordinary shares, simplifying capital management without changing authorized share count.
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Meeting Logistics
Record date is July 30, 2026; outstanding shares as of July 27, 2026 were 18,908,207. Proxies must be received by 6:00 a.m. Israel time on August 18, 2026.
Analysis · CLGN · Industrial Applications And Services
CollPlant is asking shareholders to approve a reverse split at a ratio between 1-for-8 and 1-for-12, giving the board discretion to set the exact ratio and effective date. The company received a Nasdaq deficiency notice in March 2026 because its stock has traded below $1.00 for 30 consecutive business days. With the compliance deadline of September 21, 2026 approaching and the stock at $0.319, a reverse split is the primary tool to regain compliance and avoid delisting. The meeting is set for August 18, 2026, just over a month before the deadline. A second proposal to eliminate par value is administrative and less impactful. This vote is critical for the company's continued Nasdaq listing.
How filings like this one have moved
In the 30 days to Sep 9, 2026, 36.4% of the 1919 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CLGN was trading at $0.33 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $6.2M. The 52-week trading range was $0.27 to $3.23. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.